Celsius wins ‘best cryptocurrency wallet’ award by FinTech Breakthrough

Celsius wins ‘best cryptocurrency wallet’ award by FinTech Breakthrough

Digital asset lending platform Celsius Network, has been awarded as the best cryptocurrency wallet at the fifth-annual FinTech Breakthrough Awards. It's an annually organized event that recognizes emerging tech companies at the intersection of the fintech industry.

The managing director at Breakthrough, James Johnson described Celsius as being on a worthy mission to provide people with better opportunities to gain financial freedom. He continued:

“We are thrilled to recognize Celsius for their success and momentum in this mission, serving as a true example of breakthrough technology in the FinTech space. We extend our sincere congratulations to the entire Celsius team for winning 'Best Cryptocurrency Wallet' for 2021.”

As of February, the platform has paid out a huge amount of $250 million in cryptocurrency rewards to users. The platform has reportedly served over 500,000 users and has over $10 billion worth of assets under management. Celsius’ native token CEL is ranked 76th by market capitalization, with a total value of around $4.2 billion.
In the event, Breakthrough has recognized MoonPay for “best cryptocurrency purchasing site,” Bitstamp for “best cryptocurrency exchange” and IPC as “best cryptocurrency info source.” The other several categories included leadership, consumer lending, business lending, wealth management, personal finance, payments, investments, consumer banking, and financial research and data. The event attracted more than 3,850 nominations around the world.